Turkcell Iletisim Hizmetleri AS (IST:TCELL) Forward PE Ratio: 8.59 (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:TCELL Turkcell Iletisim Hizmetleri AS IST:TCELL
92 GF Score
Price ₺108.50
GF Value ₺106.43
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Turkcell Iletisim Hizmetleri AS Forward PE Ratio?

Turkcell Iletisim Hizmetleri AS IST:TCELL -3.30% 92 Forward PE Ratio is 8.59 as of Jul. 20, 2026. GuruFocus rates IST:TCELL with a GF Score™ of 92/100 and a GF Value™ of ₺106.43 (Fairly Valued). The stock has 5 warning signs investors should review. Among 210 Telecommunication Services companies, Turkcell Iletisim Hizmetleri AS ranks better than 82.86% on this metric.

Turkcell Iletisim Hizmetleri AS's Forward PE Ratio for today is 8.59.

Turkcell Iletisim Hizmetleri AS's PE Ratio without NRI for today is 9.74.

Turkcell Iletisim Hizmetleri AS's PE Ratio (TTM) for today is 12.83.


Turkcell Iletisim Hizmetleri AS  (IST:TCELL) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Turkcell Iletisim Hizmetleri AS Forward PE Ratio Related Terms


Turkcell Iletisim Hizmetleri AS Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for Turkcell Iletisim Hizmetleri AS's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Turkcell Iletisim Hizmetleri AS Forward PE Ratio Chart

Turkcell Iletisim Hizmetleri AS Annual Data
Trend 2025-12
Forward PE Ratio
6.46

Turkcell Iletisim Hizmetleri AS Quarterly Data
2025-12 2026-03
Forward PE Ratio 6.46 7.79

IST:TCELL vs TMUS, VZ, T: Forward PE Ratio Comparison

For the Telecom Services subindustry, Turkcell Iletisim Hizmetleri AS's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Turkcell Iletisim Hizmetleri AS Forward PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Turkcell Iletisim Hizmetleri AS's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Turkcell Iletisim Hizmetleri AS's Forward PE Ratio falls into.


IST:TCELL
92GF Score
Turkcell Iletisim Hizmetleri AS IST:TCELL
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turkcell Iletisim Hizmetleri AS Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Frequently Asked Questions Learn more about Forward PE Ratio →
What does a Forward PE Ratio of 8.59 mean?
Turkcell Iletisim Hizmetleri AS (IST:TCELL) has a Forward PE Ratio of 8.59 as of Jul. 20, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Turkcell Iletisim Hizmetleri AS and its competitors. According to the industry distribution chart, Turkcell Iletisim Hizmetleri AS ranks #36 out of 210 companies in the Telecommunication Services industry, placing it in the top 17.1%.
Is Turkcell Iletisim Hizmetleri AS's Forward PE Ratio too high?
Turkcell Iletisim Hizmetleri AS's current Forward PE Ratio is 8.59. The Telecommunication Services industry median Forward PE Ratio is 14.28. Turkcell Iletisim Hizmetleri AS's value of 8.59 is 39.8% below this industry median. Based on the distribution chart, Turkcell Iletisim Hizmetleri AS ranks #36 out of 210 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Turkcell Iletisim Hizmetleri AS has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Turkcell Iletisim Hizmetleri AS's Forward PE Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Turkcell Iletisim Hizmetleri AS ranks #36 out of 210 companies for Forward PE Ratio. This places Turkcell Iletisim Hizmetleri AS in the top 17% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 14.28. Turkcell Iletisim Hizmetleri AS's value of 8.59 is 39.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Telecommunication Services company?
The median Forward PE Ratio among Telecommunication Services companies is 14.28, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Turkcell Iletisim Hizmetleri AS's current Forward PE Ratio of 8.59 is 39.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Turkcell Iletisim Hizmetleri AS and its competitors. For the Telecommunication Services industry, the median Forward PE Ratio is 14.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turkcell Iletisim Hizmetleri AS's current Forward PE Ratio is 8.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkcell Iletisim Hizmetleri AS stock overvalued right now?
Based on GuruFocus' analysis, Turkcell Iletisim Hizmetleri AS (IST:TCELL) is currently considered Fairly Valued. The stock's GF Value™ is ₺106.43, compared to a current price of ₺108.50 — trading 1.9% above its estimated fair value. The current Forward PE Ratio is 8.59 and 39.8% below the Telecommunication Services industry median of 14.28. Turkcell Iletisim Hizmetleri AS's overall GF Score™ is 92/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Turkcell Iletisim Hizmetleri AS (IST:TCELL), the current Forward PE Ratio is 8.59 as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Turkcell Iletisim Hizmetleri AS (IST:TCELL) Overvalued in 2026?

Based on GuruFocus' analysis, Turkcell Iletisim Hizmetleri AS stock appears to be overvalued. The current stock price of ₺108.50 is trading 1.9% above its estimated GF Value™ of ₺106.43. GuruFocus considers Turkcell Iletisim Hizmetleri AS to be Fairly Valued.

Key valuation signals for IST:TCELL:

  • Forward PE Ratio: 8.59
  • GF Value™: ₺106.43 vs. price of ₺108.50 (1.9% above fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 39.8% below the Telecommunication Services median (#36 of 210)

No single metric tells the full story. See the IST:TCELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Turkcell Iletisim Hizmetleri AS Business Description

Address Aydinevler Mahallesi Ismet Inonu Caddesi No. 20, Kucukyali Ofispark B Blok, Turkcell Kucukyali Plaza, Maltepe, Istanbul, TUR, 34854
Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm's services portfolio includes mobile and fixed voice, data, TV, and digital services over its network. The firm also operates in the Turkish Republic of Northern Cyprus, Belarus, the Netherlands, and Ukraine. It has three main reportable segments: Turkcell Turkiye, Techfin, and Other. The Turkcell Turkiye segment, which derives the majority of revenue, comprises mainly telecommunication and technology services activities.
92GF Score

Get the complete analysis for IST:TCELL

Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺108.50
Price
₺106.43
GF Value